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Nicolas Cuesta's profile image
Nicolas Cuesta's profile image
Nicolas Cuesta
  • from Medellin, Colombia
  • Member since Feb 13, 2026

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Nicolas Cuesta's profile image
Nicolas Cuesta's profile image
Nicolas Cuesta
  • from Medellin, Colombia
  • Member since Feb 13, 2026
Nicolas Cuesta
  • Medellin, Colombia
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Mortgage Brokers & Lenders

Guidance with DSCR Loan for new investors

Nicolas Cuesta
  • Medellin, Colombia
Posted

I am a new investor and I am trying to look for a DSCR loan to fund my first deals, but here's the problem: I found two great SFH around 55K each but most loans require at least 75k-100k. Should I opt out of these deals and look for a 100k property or should I look for hard money instead?

Detroit, Michigan
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Erik Estrada's profile image
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Quote from @Nicolas Cuesta:

I am a new investor and I am trying to look for a DSCR loan to fund my first deals, but here's the problem: I found two great SFH around 55K each but most loans require at least 75k-100k. Should I opt out of these deals and look for a 100k property or should I look for hard money instead?


 It will be very difficult to find a lender that can lend on such a low price point. I would suggest purchasing cash or looking for bigger deals that can be financed. 

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